Archive: 23 June 1998
47 articles found
Tue, 23 Jun 1998, 00:00 WIB
Governor fires 37 city officials for misconduct
Governor fires 37 city officials for misconduct JAKARTA (JP): Thirty-seven city administration officials have been fired for violating regulations and codes of conduct, Governor Sutiyoso said yesterday. Speaking at the flag-hoisting ceremony at City Hall to commemorate Jakarta's 471th anniversary, Sutiyoso said that the 37 dismissed officials were among 251 employees who had been sanctioned for a number of offenses.
Tue, 23 Jun 1998, 00:00 WIB
PAL plans to employ laid-off RI pilots
PAL plans to employ laid-off RI pilots MANILA, Philippines (AP): Financially embattled Philippine Airlines (PAL) is planning to hire laid-off Indonesian pilots to replace Filipino pilots who went on strike and brought the airline close to collapse, an official said yesterday. PAL has sent officials to Jakarta to screen hundreds of pilots laid off by at least four Indonesian carriers hurt by the rupiah's sharp fall, senior vice president Avelino Zapanta said.
Tue, 23 Jun 1998, 00:00 WIB
EEX plugs Indonesian well
EEX plugs Indonesian well HOUSTON (Dow Jones): EEX Corp. said an exploratory well at the Karang Anyar prospect on the Tuban block in Indonesia was plugged and abandoned after non-commercial accumulations of natural gas were encountered. EEX had a 50 percent interest in this well. The company also said it had completed sidetrack drilling operations on the Llano prospect on Garden Banks Block 386 in the Gulf of Mexico.
Tue, 23 Jun 1998, 00:00 WIB
Awaiting new IMF money
Awaiting new IMF money The government and the International Monetary Fund (IMF) team in Jakarta are scheduled to wrap up their review of the Indonesian economic situation and the implementation of the reform package this week, making way for the IMF board in Washington to approve the country's next aid disbursement in the first half of next month.
Tue, 23 Jun 1998, 00:00 WIB
Asian palm oil markets eye currencies, export data
Asian palm oil markets eye currencies, export data KUALA LUMPUR (Reuters): Movements in regional currencies and Malaysia's export data are likely to determine the direction of Asian palm oil prices this week, traders said. They said the wild swing in the Malaysian ringgit and Indonesian rupiah has triggered continued speculative interest in the markets. "I don't know how the market is going to behave.
Tue, 23 Jun 1998, 00:00 WIB
Military vows to foil labor demonstrations
Military vows to foil labor demonstrations JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sjafrie Sjamsoeddin said yesterday that his forces would clamp down hard on any workers staging street demonstrations. Although he made no direct reference to the planned march by the Indonesian Prosperous Labor Union (SBSI) tomorrow, Sjafrie said the military would foil labor protests and strikes that were politically motivated. "I have warned them several times already.
Tue, 23 Jun 1998, 00:00 WIB
When seeking higher education, avoid the 'diploma mills'
When seeking higher education, avoid the 'diploma mills' By Donna K. Woodward MEDAN (JP): Many students from developing countries, including Indonesia, are eager to pursue an overseas education. Students and their families sometimes choose foreign schools because they have more confidence in overseas education systems.
Tue, 23 Jun 1998, 00:00 WIB
Officials' uniform
Officials' uniform From Kompas At the inauguration of Teater Tanah Air at Taman Mini Indonesia Indah on the evening of April 20, I was amazed at seeing on TV the officials attending the ceremony dressed in uniform. I wonder what the necessity is in wearing uniforms for such ceremonies. I think the budget could be used for uniforms of school children living in remote areas of the country, for school books, etc..
Tue, 23 Jun 1998, 00:00 WIB
People demand lower prices
People demand lower prices MEDAN, North Sumatra: Hundreds of people from all walks of life gathered in Merdeka field here yesterday to demand lower prices of essentials. Grouped in the alliance of the North Sumatra reform movement (Agresu), protesting students, farmers, workers and fishermen blasted former president Soeharto's New Order government for producing numerous policies which exploited people.
Tue, 23 Jun 1998, 00:00 WIB
Jakartans told to foster a sense of belonging
Jakartans told to foster a sense of belonging JAKARTA (JP): Governor Sutiyoso has urged Jakartans to promote consideration for others and a sense of belonging in fending off the blows dealt by the economic downturn and recent unrest.
Tue, 23 Jun 1998, 00:00 WIB
Link found between money changer heists
Link found between money changer heists JAKARTA (JP): The Sunday robbery at Tritama Valasindo money changer in Central Jakarta may have been committed by members of the same group that raided another money changer's office two days earlier, a police officer said yesterday. "There's a strong connection between the two cases. We have some clues, but we can't reveal them now as it will scare the suspects away," head of South Jakarta Police detective unit Maj. Rycko A. Daniel told reporters.
Tue, 23 Jun 1998, 00:00 WIB
Goh, Hashimoto talk on RI
Goh, Hashimoto talk on RI TOKYO (Reuters): Japanese Prime Minister Ryutaro Hashimoto and Singapore's Prime Minister Goh Chok Tong spoke on the telephone for about 10 minutes on Monday to exchange views about the Indonesian economy, a senior MOF official said. "They discussed the current economic situation, which no one can deny is in a severe condition.
Tue, 23 Jun 1998, 00:00 WIB
Mandala sticks to decision on stewardesses' dismissal
Mandala sticks to decision on stewardesses' dismissal JAKARTA (JP): Management of privately run Mandala Airlines has rejected demands to revoke a decision to dismiss 40 of its 145 female flight attendants, saying the employees were in the wrong to publicly protest the plan while it was pending. Endan Kamandanu, head of the company's marketing division, said the decision was considered final mainly because the flight attendants broke their promise not to protest during negotiations.
Tue, 23 Jun 1998, 00:00 WIB
RI needs to turn its economy inward
RI needs to turn its economy inward The Indonesian economy continues to deteriorate as the rupiah further weakens against the U.S. dollar. Economist Kwik Kian Gie proposes a new strategy in the development of the country's industry. JAKARTA (JP): The International Monetary Fund (IMF), which has been losing its momentum to help revive the Indonesian economy, is now apparently trying to revise the government's budget plan before deciding on the disbursement of the next tranche of its aid.
Tue, 23 Jun 1998, 00:00 WIB
Habibie calls Trisakti students 'reform heroes'
Habibie calls Trisakti students 'reform heroes' JAKARTA (JP): President B.J. Habibie has described, for the first time, four Trisakti University students who were killed during a protest on May 12 as "reform heroes". He promised their parents yesterday that full justice would be sought. The President told the parents they should be proud of their sons who sacrificed their lives for the sake of reform.
Tue, 23 Jun 1998, 00:00 WIB
Golkar's rule upholds Soeharto's supremacy
Golkar's rule upholds Soeharto's supremacy JAKARTA (JP): Former president Soeharto will continue to be firmly in control of Golkar until the dominant political organization changes its statues. Minister/State Secretary Akbar Tanjung said yesterday that the powers granted to Golkar's patron board, which is chaired by Soeharto, will remain in place at least until the extraordinary congress next month. "These powers may be changed. Maybe these powers will be removed.
Tue, 23 Jun 1998, 00:00 WIB
School final examination still needed: Official
School final examination still needed: Official JAKARTA (JP): Officials at the Ministry of Education and Culture maintain that state-run national school final examinations (Ebtanas) are still necessary, despite some flaws.
Tue, 23 Jun 1998, 00:00 WIB
TV today
TV today TVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:35 Children's Film: Family Album 3:05 Children's Program: Tunas 3:30 Village Program 4:00 Regional News 4:30 Music: Lagu Pop Daerah 5:00 English Lessons 5:30 Documentary Film 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara 6:15 Sports: Monitor Olah Raga 6:30 TVRI News (in English) 7:00 Evening News 7:35 Music: Tunas Vokalia 8:00 News: Lintasan Berita 8:05 Music: Tunas Vokalia (contd.) 8:30 Talk Show: Dialog 9:00...
Tue, 23 Jun 1998, 00:00 WIB
Government confirms political reform agenda
Government confirms political reform agenda JAKARTA (JP): The government confirmed yesterday the schedule for its political reform agenda, to peak in December next year with the election of a new president and vice president. A meeting of Cabinet members under Coordinating Minister for Political and Security Affairs Feisal Tanjung decided that it was necessary to publicize the political agenda to give greater political certainty to the public, including foreign investors.
Tue, 23 Jun 1998, 00:00 WIB
Who to blame?
Who to blame? I am not a Chinese nor a pribumi (indigenous Indonesian). But what I read in The Jakarta Post disturbs me and I think I have lived in Indonesia long enough to understand the sentiments of both sides. Correct me if I am wrong. The pribumi blame the Chinese for their economic hardships. The Chinese could not care less because they believe, at least the Chinese working class do, that their money is hard earned. The Chinese blame the pribumi for not accepting them as Indonesians.
Tue, 23 Jun 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on June 22 , 1998: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 450 0 0 AHAP Insurance 575 0 0 Alter Abadi 525 0 237,500 Alumindo Light Metal 300 0 0 Alumindo Perkasa 250 50 4,000 Aneka Kimia Raya 200 0 0 Aneka Tambang 1,450 0 1,166,000 Anwar Sierad 125 0 3,500 Apac Centertex Corp.
Tue, 23 Jun 1998, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 22, 1998: Buying Selling Rp Rp U.S.
Tue, 23 Jun 1998, 00:00 WIB
New IMF accord expected to be signed this week
New IMF accord expected to be signed this week JAKARTA (JP): A new letter of intent between Indonesia and the International Monetary Fund (IMF) is expected to be signed this week, Coordinating Minister of Economy, Finance and Industry Ginandjar Kartasasmita said yesterday. He said the agreement would allow for the quick disbursement of the IMF's additional bailout money for Indonesia, which was delayed following last month's political unrest.
Tue, 23 Jun 1998, 00:00 WIB
WB considering $1b in aid for RI
WB considering $1b in aid for RI JAKARTA (JP): The World Bank Executive Board is preparing to meet in Washington soon to consider a proposed US$1 billion policy reform support loan to Indonesia, a senior executive says. The World Bank's country director for Indonesia, Dennis de Tray, said here yesterday that the loan would help Indonesia reform its financial and banking sector, improve corporate governance and help meet a set of urgent social needs, such as subsidizing staple foods.
Tue, 23 Jun 1998, 00:00 WIB
PT Kodel denies relationship
PT Kodel denies relationship With reference to your report on June 19, 1998 titled 'Govt considering amending social security law: Fahmi' which mentions PT Moya Zamzami Utama, we hereby would like to make clear that PT Kodel has no relationship whatsoever with PT Moya Zamzami Utama neither as a shareholder nor as a member of its management. We hope this letter will bring your attention to the fact that the report was erroneous and we are looking forward to you publishing a correction.
Tue, 23 Jun 1998, 00:00 WIB
U.S., Germany pledge support for Indonesia
U.S., Germany pledge support for Indonesia JAKARTA (JP): The United States and Germany pledged support yesterday for international efforts to assist Indonesia overcome its economic crisis. U.S. Deputy Secretary of Finance Lawrence Summers told reporters after meeting President B. J. Habibie he was sent here by his government specially to reaffirm U.S. commitment to helping Indonesia through its difficult times.
Tue, 23 Jun 1998, 00:00 WIB
Minister names new Bapepam, IBRA chiefs
Minister names new Bapepam, IBRA chiefs JAKARTA (JP): The Ministry of Finance replaced eight top- ranking officials yesterday, including the chairman of the Indonesian Bank Restructuring Agency (IBRA) and the head of the Capital Market Supervisory Agency (Bapepam). New IBRA chairman is Glenn M.S. Yusuf, former director general of financial institutions, who replaces Iwan R. Prawiranata. The latter will now serve only as a director at the central bank.
Tue, 23 Jun 1998, 00:00 WIB
Tourism down in E. Kalimantan
Tourism down in E. Kalimantan SAMARINDA, East Kalimantan: The number of tourists visiting East Kalimantan province in the first quarter of the year dropped by 40 percent compared to the same period last year. Head of the provincial tourist office, Ghalib Aziz, said here Sunday that the decline was caused by the monetary crisis coupled with political instability in Indonesia.
Tue, 23 Jun 1998, 00:00 WIB
Local Nahdlatul Ulama leader forms new political party
Local Nahdlatul Ulama leader forms new political party SEMARANG, Central Java (JP): Cholil Bisri, a leader of a local chapter of the Nahdlatul Ulama (NU) Moslem organization, has said he is ready to set up a new political party called the Community Awakening Party. He said that the party would be officially proclaimed on Aug. 17.
Tue, 23 Jun 1998, 00:00 WIB
Mutilated woman murdered by a 'professional'
Mutilated woman murdered by a 'professional' JAKARTA (JP): The grisly murder of a woman whose mutilated body was found in Tangerang on Sunday was probably the work of a psychopath with a professional's knowledge of how to dismember a body, a forensic expert said yesterday. Zulhasmar Syamsu of the Cipto Mangunkusumo General Hospital told The Jakarta Post last night that a large knife usually used in slaughterhouses appeared to have been used to cut the body into 12 parts.
Tue, 23 Jun 1998, 00:00 WIB
Investors cut operations because of uncertainty
Investors cut operations because of uncertainty JAKARTA (JP): Foreign and local investors have significantly cut the operations of their industrial factories due to uncertainty in the country's political situation, State Minister of Investment Hamzah Haz said yesterday.
Tue, 23 Jun 1998, 00:00 WIB
Bogor Police gets new chief
Bogor Police gets new chief BOGOR (JP): Bogor Regional Police chief Col. Abubakar Nataprawira has installed Lt. Col. Ferial Manaf as the new Bogor Regency Police chief, replacing Lt. Col. M. Ruslan Riza. In his speech on Saturday, Abubakar ordered the new officer to focus his attention on strategic areas, especially heavy industry centers, tourist destinations, farms and plantations, and upmarket residential complexes.
Tue, 23 Jun 1998, 00:00 WIB
Ethnic Chinese who fled urged to return home
Ethnic Chinese who fled urged to return home JAKARTA (JP): Moslem leader Abdurrahman Wahid and top businessman William Soeryadjaya urged the thousands of Chinese- Indonesians who fled the country in the wake of last month's riots to return and help revive the nation's stalled economy.
Tue, 23 Jun 1998, 00:00 WIB
Pacific won't buy Indofood
Pacific won't buy Indofood HONG KONG (Dow Jones): First Pacific Co. confirmed yesterday that it won't be acquiring fellow Salim Group member, PT Indofood Sukses Makmur. First Pacific Managing Director Manuel Pangilinan, speaking after the Hong Kong conglomerate's annual general meeting, said he's no longer interested in Indonesia's largest instant noodle maker. First Pacific had said several months ago that it was considering it as a potential acquisition.
Tue, 23 Jun 1998, 00:00 WIB
E. Timor gets new police chief
E. Timor gets new police chief DILI, East Timor: Col. GM Timbul Silaen was installed here yesterday as the new chief of the East Timor Police. Timbul, who replaced Col. Atok Rismanto, was formerly deputy chief of the Central Sulawesi Police. Atok will take the post of vice governor of the Police Academy in Semarang, Central Java. In a written speech read by National Police deputy chief Lt. Gen. Lutfi Dahlan, National Police chief Gen.
Tue, 23 Jun 1998, 00:00 WIB
One way for East Timor
One way for East Timor The recent attempts by Indonesian President Bacharuddin Habibie to offer what he considers a solution to the East Timor question only serve to emphasize the intractability of the problem. Of all the challenges facing his new presidency, this is likely to prove among the hardest to deal with unless Indonesia is prepared to give up its claim to the territory.
Tue, 23 Jun 1998, 00:00 WIB
Asahan cuts operating rate to 40 percent
Asahan cuts operating rate to 40 percent TOKYO (Reuters): Nippon Asahan Aluminum Co Ltd said yesterday it had cut the operating rate of its aluminum smelter in Indonesia to 40 percent in mid-June due to low water levels at a lake that supplies power to the plant. "Unless there is a major change in the situation, we have to be prepared to run only 190 furnaces throughout 1998/1999," an official at Nippon Asahan told Reuters.
Tue, 23 Jun 1998, 00:00 WIB
PPP rejects reelection of Tangerang mayor
PPP rejects reelection of Tangerang mayor TANGERANG (JP): The United Development Party (PPP) faction in the Tangerang Mayoralty Legislative Council announced yesterday that their members would not reelect Mayor Djakaria Mahmud for a second five-year term. Faction chairman M. Sayuti said PPP would also ask the minister of home affairs, through the West Java governor, to temporarily assign a replacement until the next mayor is installed.
Tue, 23 Jun 1998, 00:00 WIB
Estrada imposes conditions for Marcos' burial
Estrada imposes conditions for Marcos' burial MANILA (Reuters): Philippine President-elect Joseph Estrada told the widow of Ferdinand Marcos yesterday he would allow the late dictator's burial at Heroes Cemetery if only family attended and there were no political speeches.
Tue, 23 Jun 1998, 00:00 WIB
Pacific-Rim trade ministers open talks
Pacific-Rim trade ministers open talks KUCHING, Malaysia (AP): The United States yesterday demanded that Japan serve as the "engine of growth" for shrinking Asian economies as two days of talks opened on liberalizing trade in the Pacific-Rim countries. "The United States has reiterated time and again Japan must be an engine of growth for Asia," U.S.
Tue, 23 Jun 1998, 00:00 WIB
Currency traders count cost of self-protection
Currency traders count cost of self-protection JAKARTA (JP): The recent robberies of two money changers that left a cashier killed and resulted in Rp 760 million (US$47,500) in losses have awakened currency traders in the capital to the importance of security. For years now, many money changers have not guarded their robbery prone businesses with talented security personnel and adequate monitoring equipment, such as alarms and video camera systems.
Tue, 23 Jun 1998, 00:00 WIB
Asian crude prices firmer
Asian crude prices firmer SINGAPORE (Reuters): Heavy crude prices in Asia were talked firmer yesterday, following official news that Indonesia had cut its export allocations for July, traders said. "Cinta and Widuri will definitely be stronger, there are no more spot supplies left," said a Japanese trader. "Minas will remain firm, but maybe will not move up so much because there are still some barrels on offer," he added.
Tue, 23 Jun 1998, 00:00 WIB
Japanese firms may control Hexindo
Japanese firms may control Hexindo JAKARTA (JP): Hitachi and Itochu Group, both of Japan, have pledged to buy all rights shares to be issued by PT Hexindo Adiperkasa in the next few months if other shareholders do not take the rights, a Hexindo executive said yesterday. Company president Rustam Effendi said the two Japanese companies -- which currently control a combined total of 25.03 percent of the company's shares -- would become majority shareholders if the scenario played out.
Tue, 23 Jun 1998, 00:00 WIB
The layers of meaning of RI, Australian artists
The layers of meaning of RI, Australian artists By Putu Wirata DENPASAR (JP): Painters from Australia and Indonesia are holding a joint exhibition at the Puri Lukisan Museum in Ubud, Bali, from June 13 to June 26. The exhibition, named Patterning in Contemporary Art, Layers of Meaning, will subsequently be held in Bandung next month and in Jakarta in August.
Tue, 23 Jun 1998, 00:00 WIB
No mention of Kodel Group
No mention of Kodel Group I am writing in response to your article entitled 'Govt considering amending social security law: Fahmi' of June 19. In my capacity as chief of PT Jamsostek's Jl. Gatot Subroto office, I find it necessary to give the following explanation: 1.
Tue, 23 Jun 1998, 00:00 WIB
Military probe into kidnappings
Military probe into kidnappings From Bisnis Indonesia It has been quite some time since the establishment of the small Armed Forces team led by Maj. Gen. Syamsu of the military police started an investigation into the cases of abduction and torture of Pius Lustrilanang and others. However, the result of the team's effort to uncover these cases has yet to be made known. What's the difficulty?
Tue, 23 Jun 1998, 00:00 WIB
Novus sells SE Sumatra interest for $20 million
Novus sells SE Sumatra interest for $20 million SYDNEY (Dow Jones): Novus Petroleum Ltd., an Australian oil and gas company, yesterday said it has sold its 3.72 percent interest in the South East Sumatra Production Sharing Contract in Indonesia to Pittencrieff Resources PLC of the UK for US$20 million. The sale is subject to the approval of shareholders of Pittencrieff, which will be sought at a meeting in July. Subject to such approval, the sale is expected to be completed by the end of July.